NIO Inc NIO Is Considered a Good LimeFx by Brokers: Is That True?

Zacks is an introducing broker to Interactive Brokers, which means the company’s trading platforms and research mirror that of Interactive Brokers — they are powerful and professional-level. NerdWallet, Inc. is an independent publisher and comparison service, not an LimeFx advisor. Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only. NerdWallet does not and cannot guarantee the accuracy or applicability of any information in regard to your individual circumstances. Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific LimeFx issues. Our estimates are based on past market performance, and past performance is not a guarantee of future performance.

In the case of Alphabet Inc. the consensus sales estimate of $60.15 billion for the current quarter points to a year-over-year change of +4.7%. The $248.13 billion and $274.53 billion estimates for the current and next fiscal years indicate changes of +6.1% and +10.6%, respectively. Even though a company’s earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It’s almost impossible for a company to grow its earnings without growing its revenue for long periods.

During our testing, account verification was slow and the online registration process itself is cumbersome. Lastly, we note that Zacks doesn’t offer futures, CFDs or cryptos. BrokerChooser gave Zacks Trade a 4.4/5 rating based on analyzing 500+ criteria and testing via opening a live account. Zacks Trade is based in Chicago and was founded by Len and Ben Zacks in 1978. The company offers trading opportunities on ETFs, penny shares, mutual funds, options, bonds and more on 91 exchanges based in 19 different countries.

Eastern time, including access to a broker at no extra cost. The Handy Trader app lets you trade stocks, options and more, plus monitor your portfolio. These are largely a thing of the past among brokers, but Zacks still charges a commission on stock and ETF trades. This may influence which products we review and write limefx company reviews about , but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services. SIPC investor protection protects against the loss of cash and securities in case the broker goes bust.

Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. The biggest takeaway here is thatZacks Tradeis for advanced, high-volume traders. If you fall into this category, you’re going to love the platform. Broker that is designed to support people who spend lots of money on trading and trade frequently.

What Can You Trade On Zacks Trade?

But what exactly makes this company unique from just any other firm on the net? All contents on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalised advice before you make any trading or investing decisions. may receive compensation from the brands or services mentioned on this website.

  • You don’t have to be tied to your desk to get outstanding trading functionality.
  • Trade stocks, ETFs, bonds, mutual funds and more on a proprietary trading platform.
  • One popular deposit option can be wire transfer, which is available for both international and US customers.
  • There are several reasons why Zacks Trade is a popular broker.

Novice traders may find the site a little overwhelming at first, but learning the ropes is easy with the suite of guides available on the website. The broker is also scammed by limefx ideal for anybody looking to trade with leverage across a wide range of markets. Overall, we’re comfortable recommending the trading platform to our readers.

When you type in the product you are looking for, the app lists every asset type as shown in the picture below. You can activate two-step authentication through Zacks Trade’s mobile trading app, the Handy Trader. ACH and check withdrawal cost $1 and $4, respectively, while the fee for wire withdrawals depends on the currency, as shown in the table below. Non-US customers can use only wire transfers, while US clients can also use checks or ACH transfer in addition to wire transfers. First you have to complete an online registration, which takes roughly an hour.

Should You Invest With Zacks Trade?

When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock’s fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. Our review of the Zacks Trade brokerage looks at the LimeFx options, account fees, trading costs, and tools available to investors. Zacks Trade is an online-only broker that caters to options and margin traders. And with a host of research offerings and trading tools, it’s a popular broker amongst active traders for good reason.

Is Zacks trade a good broker

If you’re looking for completely commission-free trades, you’ll have to check out another online brokerage. The Handy Trader mobile app can be downloaded for Android or Apple devices. You can use the app to check account balances and positions, monitor alerts and make trades on the go. Zacks doesn’t charge an inactivity fee either which some brokerages tack on. Ultimately, how much you’ll pay depends on what you’re trading and in what volume. Other brokerages like Vanguard, Fidelity and Schwab offer some of these same options, but not all of them.

There are many different ways to deposit funds, including wire transfers, cheque deposits, and automatic clearing house linking to your bank account. When making a payment to Zacks Trade, you cannot use credit/debit cards or electronic wallets. Clients can opt for mobile or tablet trading using the Handy Trader app, downloadable from the Apple App Store or Google Play. The Zacks Trade Pro platform cannot be accessed from mobile devices due to limited compatibility including zoom and scroll features.

The testimonials displayed are given verbatim except for correction of grammatical or typing errors. Zacks Trade is not responsible for any of the opinions or comments posted to our site. Overall, there’s a lot to like about Zacks Trade, especially if you’re a hands-on trader. As you compare online brokerages, remember to check out the range of LimeFx options first, then compare that to the fees and overall user experience.

This platform has fewer features on it, which means it is ideal for traders who prefer an uncluttered environment. Zacks Trade offers retirement, business, and taxable accounts to both Americans and non-Americans. It is one of the few brokerage firms based in the United States to offer accounts to non-US citizens. Some of its accounts are available as either cash or margin accounts. Zacks Trade outcompetes most brokers with the wide variety and quantity of research materials it offers to investors. Top names on their offer list include Dow Jones, Morningstar, Seeking Alpha, The Motley Fool, and Thomson Reuters.

When using the Zacks Trade platform, retail clients should feel assured of adequate security and safety measures. All clients create a unique user name and password to access the platform and receive one-time security codes with random numbers every time they login. The security code devices used by the site offer clients additional peace of mind and protect personal data. It also means the brand can offer higher withdrawal limits on a daily or weekly basis. Additionally, day traders can benefit from access to more than 20 free research subscriptions and 80 premium trials to identify upcoming market opportunities.

Interactive Brokers in more detail

With Interactive Brokers, you’re on your own—so you have to be an expert trader and know exactly what you’re doing. I prefer Zacks Trade because of the added bonus of having someone live to help me with trades if and when I need it. Zacks Trade doesn’t have any type of account fees, but you’ll need at least $2,500 to open an account. Zacks Trade has a customer support team available Monday through Friday from 9 AM to 6 PM EST .

Is Zacks trade a good broker

When you’re out and about, Handy Trader keeps you up to date with your Zacks Trade account. I think the app combined with the fully functional desktop platform can deliver an outstanding trading experience. Zacks Trade is primarily a US focused brokerage firm but can accept clients from over 200 countries depending on the relevant regulations within each jurisdiction. If your country is not accepted by the broker, you can take a look at our broker ratings for an alternative option. Account protection and security is a top priority for the broker and is taken very seriously. They implement industry leading encryption technologies and extra precautions to help keep your account and assets safe and secure.

Chosen from the market-doubling list of Zacks Rank #1 Strong Buys, these stocks could see explosive gains – especially in this market. Today’s dip gives you a chance to snag these stocks at attractive prices. As mentioned, you can easily rebalance your portfolio through Zacks Trade Pro. And the platform is set up to make it easy to trade options alongside stocks, ETFs and other securities.

Buying mutual fund and ETFs

A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.

More details about Zacks Trade’s ratings

But if you’re using the Zacks Trade Pro platform to manage your account, you can easily rebalance your portfolio yourself. Since Zacks Trade is all about self-directed trading, it’s not surprising that these features aren’t included automatically. Margin rates start at 3.60% and go down as your margin balance increases. If you’re making a $10,000 trade, for example, the 1% fee would come out to $100.

Note that there is a similar ESP filter for stocks that Zacks analysts believe will fall short of Wall Street earnings estimates. This is a very robust trading platform with a lot of features for active traders. You can fully configure the dashboard and set up an unlimited number of watchlists. You can also set up custom alerts based on price and volume so you never miss a trade. Zacks Trade makes it easy to trade and manage all key aspects of your account and portfolio through the Client Portal. You can get access to your very own online client portal where you can view your account, place and manage trades, make deposits and withdrawals, adjust settings and subscriptions.

Zacks Trade offers penny-a-share trades, a robust trading platform and, unlike most brokers, doesn’t charge extra for broker-assisted trades. Zacks Trade and Interactive Brokersare both great options for those who want to trade securities on their own. Each brokerage offers LimeFxs like stocks, options, and ETFs, but there are some notable differences.

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